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this was a status quo election. the president had a great re-election and the republicans held the house and democrats the senate. they have to sit down and do negotiate. it's not boehner versus geithner. it's can the house republicans buy a plan that they cancel to their members. and will the senate go along and if so will the president sign it. until you get in a room and discuss the elements you get people talking at each other with some absurdity. we are talking about $85 billion a year in added revenue over a ten-year period. we are spending over a trillion dollars in debt every year and not putting anything into it. the republicans have been down the road before where they have been promised three for one, and it never happens. i think they are beginning to realize until it's actually on the table and signed off on by all sides they aren't going to buy into it. >> senator, did the president in this offer with so little in spending cuts and tax reform, the debt limit, did he overplay his hand or is he being rea
this was a status quo election. the president had a great re-election and the republicans held the house and democrats the senate. they have to sit down and do negotiate. it's not boehner versus geithner. it's can the house republicans buy a plan that they cancel to their members. and will the senate go along and if so will the president sign it. until you get in a room and discuss the elements you get people talking at each other with some absurdity. we are talking about $85 billion a year in...
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after 32 defeats at the ballot box in this last election, you had three states approve it. that's because people had a chance to make these decisions on their own and vote. >> first let me say this is a significant step by the court to agree to take this case. this is something the whole country is focused on, as you pointed out public opinion as shifted. the court has affirmative action and voting rights case so it's a significant turn for the supreme court on issues of equality. when it comes to this issue, it comes down to you -- you said abortion, people are thinking about a 1967 case, loving vs. virginia in which they said it's legal for people of different races to marry. is it the case that a gay couple has the same rights as a heterosexual couple. a narrow ruling would be seen as dodging the issue, kicking the can down the road. is it your constitutional right to marry the person of your choice in this country? this is an issue that is the way that the proponents of gay rights are putting it before the court is let's look at the states and allow the states to make t
after 32 defeats at the ballot box in this last election, you had three states approve it. that's because people had a chance to make these decisions on their own and vote. >> first let me say this is a significant step by the court to agree to take this case. this is something the whole country is focused on, as you pointed out public opinion as shifted. the court has affirmative action and voting rights case so it's a significant turn for the supreme court on issues of equality. when it...
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. >> it is by the end of this week and here is why, the republicans came out right after the election and said to the president, you want revenue here. you want revenue on the wealthy, we'll give it to you, limiting tax deductions for the wealthy. the president instead of taking that and running with tceiling a deal has been campaigning for tax hikes and to cap it off sent treasury secretary tim geithner to congress with this outrageous proposal as basically a compilation of everything that the president wanted in his budget and beyond what he even campaigned for. as a result i think most republicans wonder how serious he is about doing this. they feel things are going backward. >> paul: yeah, that, that's the way it sounds to me, too, i talked to some senior republicans this week and they're increasingly of the belief that maybe the president wants to back them into a corner, that could push them over the cliff and then be able to blame them if you have a recession or for taxes going up on everybody. >> well, i don't doubt that's what he's trying to do. it's hard to see where the ups
. >> it is by the end of this week and here is why, the republicans came out right after the election and said to the president, you want revenue here. you want revenue on the wealthy, we'll give it to you, limiting tax deductions for the wealthy. the president instead of taking that and running with tceiling a deal has been campaigning for tax hikes and to cap it off sent treasury secretary tim geithner to congress with this outrageous proposal as basically a compilation of everything...
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. >> and the establishment folks, wrongly and repeatedly attacking a young are black woman after an election in which blacks and women went strongly blue. >> are any in the media concerned how this looks? >> my hope is to get this done before christmas. >> jon: president obama talking stuff and standing his ground as america approaches a fiscal cliff, and the immediate y media in his corn again. >> the new york times gets caught 40 questionable items about the conflicts in the middle east. and a british judge releases his report on the phone hacking scandal in the country and how did the media here react. and jay leno sees the light. >> this is very dangerous for the white house if they should start asking real questions. >> jon: on the panel this week, writer and fox news contributor judy miller. syndicated columnist, cal thomas. jim pinkerton, contributor. and kirsten powers. >> jon: i'm jon scott, fox news watch is on right now. ambassador susan rice asked for a face-to-face meeting with some of her most focal critics to make things better. the meeting took place and appears to have made
. >> and the establishment folks, wrongly and repeatedly attacking a young are black woman after an election in which blacks and women went strongly blue. >> are any in the media concerned how this looks? >> my hope is to get this done before christmas. >> jon: president obama talking stuff and standing his ground as america approaches a fiscal cliff, and the immediate y media in his corn again. >> the new york times gets caught 40 questionable items about the...
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and look, i got re-elected. so, you know, what's so hard about me continuing to do that and blaming it on them because obviously i'm very good at that. and that's basically where he's going here. and the republicans, i think, are not very good poker players. first of all they signaled that they are kind of really reluctant to go over the cliff, and i think if you are in this kind ever a showdown you have to say, you know, bring it. come on. >> you'll do it. they will get blamed for it, though, if that happens. there's no question. the president is already signaling that. that wouldn't be a pleasant outcome for them. would you say they should suggest to the president they would be willing to do that and then maybe he would give 2nd end? >> i think they have to show that he is in negotiations and that he has to give and they are willing to give and if they just say we are so afraid of getting blamed for that, of course he's going to roll right over them. >> kim, where do you think the republicans, where should the
and look, i got re-elected. so, you know, what's so hard about me continuing to do that and blaming it on them because obviously i'm very good at that. and that's basically where he's going here. and the republicans, i think, are not very good poker players. first of all they signaled that they are kind of really reluctant to go over the cliff, and i think if you are in this kind ever a showdown you have to say, you know, bring it. come on. >> you'll do it. they will get blamed for it,...
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elected office. that should tell you something. we have a >> not a good idea to suggest you might cut and run. >> does the uncompromising grover nordquist still stand for consecutives. my next guess, the author of a book,. let's go to grover's position. where do you stand on that? some republicans dessert the new new taxes pledge if that's the only way to make a deal? >> they should not dessert the no new tacks pledge. and hurt the end game for democrats is to have the fiscal clive. it's not something i'm reading tea leaves on. take a look at a new yorker article in the middle of this year by ryan liza. he spoke to a number of obama people and they said unless republicans break the no-tax pledge they want to go into a fiscal cliff. they believe there will be a short recession and at the end of the recession the economy will go sky high and people well railize that big government is good soup. they believe that use, you have a twins. i didn't see them coming. i have obligations. cute obligations, but
elected office. that should tell you something. we have a >> not a good idea to suggest you might cut and run. >> does the uncompromising grover nordquist still stand for consecutives. my next guess, the author of a book,. let's go to grover's position. where do you stand on that? some republicans dessert the new new taxes pledge if that's the only way to make a deal? >> they should not dessert the no new tacks pledge. and hurt the end game for democrats is to have the fiscal...
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you wait until after the election. and by the way, if you knew nothing about benghazi, why didn't hillary do the shows? she was in town. but then again, maybe i protest too much. she did take full responsibility. >> well, i'm responsible for the state department for the more than 60,000 people around the world. >> if senator mccain and senator graham and others want to go after somebody, they should go after me. >> it's great to take full responsibility and f not hide behindnd ones race or gender. it's g not so hard to do. people will actually respect you for your competence and your honesty, and it's even easy to do in high heels. >>> now here's fox news chief intelligence correspondent kathrycatherine herridge with te latest on the susan rice situation. >> a leading republican in the senate said rice had access to classified information including the president's daily brief. drawing from the 16 intelligence agencies, the top secret document included compelling evidence of terrorist involvement. >> she had access to t
you wait until after the election. and by the way, if you knew nothing about benghazi, why didn't hillary do the shows? she was in town. but then again, maybe i protest too much. she did take full responsibility. >> well, i'm responsible for the state department for the more than 60,000 people around the world. >> if senator mccain and senator graham and others want to go after somebody, they should go after me. >> it's great to take full responsibility and f not hide behindnd...
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a few days before the election he said vote for, quote, revenge. one of his top white house advisors, valerie jarrett, also used the word revenge after the election. this is the left. this is how they think. van jones was quoted as saying, and this is a self avowed communist, by the way, sean, talking about overthrowing the free market system in america and more broadly i in the west, and he said, and i quote. we're going to change the whole system. we need a new system. >> let me show another cut from the same speech where he refers to conservatives and republicans as treasonnists. >> the republican party votes against help for veterans. let the bodies fil pile up on te beach. we don't care how much they suffered. they'll vote against this president. let the bodies pile up on the beach. you were faced with the prospect of that kind of treachery and we beat them. >> let the bodies pile up on the beach. all lies, but this propaganda of the left continues. why? >> you have to give it to van jones because at least he's honest. at least he is giving vo
a few days before the election he said vote for, quote, revenge. one of his top white house advisors, valerie jarrett, also used the word revenge after the election. this is the left. this is how they think. van jones was quoted as saying, and this is a self avowed communist, by the way, sean, talking about overthrowing the free market system in america and more broadly i in the west, and he said, and i quote. we're going to change the whole system. we need a new system. >> let me show...
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and when they were elected she didn't speak out afterwards. even if she wants to say i didn't realize the election was coming up, or it came out of the blue, once they were eye selected there was no condemnation from rice, i've been at the u.n. and if you go there and want to be liked, you're not going to be very effective. i wrote this piece that shared 30 points why susan rice should not get a promotion, and all has to deal with things that happened before benghazi. so, there's a plethora of evidence out there that every single time a controversial issue came up, that she was nowhere to be found0. en iran, she waited 17 months before she tried to offer any resolution. the draft resolution put forward by the united states was actually taken out of her hands. the state department secretary clinton let somebody else negotiate it. we have not seen another resolution in 30 months. so she has passed one resolution, and with that one resolution she lost more support than all of the previous five resolutions combined. >> you know what's interesting,
and when they were elected she didn't speak out afterwards. even if she wants to say i didn't realize the election was coming up, or it came out of the blue, once they were eye selected there was no condemnation from rice, i've been at the u.n. and if you go there and want to be liked, you're not going to be very effective. i wrote this piece that shared 30 points why susan rice should not get a promotion, and all has to deal with things that happened before benghazi. so, there's a plethora of...
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i just frac fragilely frankly t. >> the election was four weeks ago from tonight. it's four weeks from now in the future that we're over the cliff, and i see no movement by the president. the offer that tim geithner brought was an awful one. he just wants a new credit card without a limit. the senate hasn't passed a bucket in almost four years. >> if we hit the debt ceiling at the end of the month, it will go into effect about february because there's some money games we can do to pay our debt until then, to manage to get by. in february when we're totally out of money and all the americans who filed for their tax returns wanting their money, they want their refund and we don't have any cash, we'll see how happy the american people are. >> the american people are right to be very concerned. >> engaged. >> maybe good at campaigning, but he's not very good at leading. >> thank you, senator. >>> coming up, there's very disturbing news tonight out of egypt. we'll have the latest and ambassador john bolton is here. they say no good deed goes unpunished. one worker learn
i just frac fragilely frankly t. >> the election was four weeks ago from tonight. it's four weeks from now in the future that we're over the cliff, and i see no movement by the president. the offer that tim geithner brought was an awful one. he just wants a new credit card without a limit. the senate hasn't passed a bucket in almost four years. >> if we hit the debt ceiling at the end of the month, it will go into effect about february because there's some money games we can do to...
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the president won the election on that issue and i think you will see our republican colleagues reluctantly say 39.6. >> let me interrupt and bring in senator corker. senator schumer's right, a growing number much republicans and conservatives, not a majority, but a growing number, are saying we have to cave on tax -- on raising tax rates, not just the idea of closing loopholes. would you accept returning to the clinton rate of 39.6% or would you accept something perhaps a midpoint, 37% or starting with people who made $500,000 rather than 250? >> chris, there's a growing group of folks that are looking at this and realizing we don't have a lot of cards as a relates to the tax issue before year end. we have one house, that's it. the presidency and the senate's in the democrats' hands. i think it has merit, you give the president the 2% increase that he's talking about, the rate increase on the top 2%. and all of a sudden the shift goes back to entitlements. all of a sudden once you give him the rate on the top 2% it's actually lesser tax increases than what he's been talking about. the focu
the president won the election on that issue and i think you will see our republican colleagues reluctantly say 39.6. >> let me interrupt and bring in senator corker. senator schumer's right, a growing number much republicans and conservatives, not a majority, but a growing number, are saying we have to cave on tax -- on raising tax rates, not just the idea of closing loopholes. would you accept returning to the clinton rate of 39.6% or would you accept something perhaps a midpoint, 37%...
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our elected representative wouldn't involved. you mentioned that possibly through the bureau of alcohol, firearm and explosives what would happen is this would be a move by the administration that would go in to effect. without the legislature getting involved. >> that is the problem. shannon, you see the gun-grabbers in ice for years wanted to de -- in the united states for years want to deprive law-abiding citizens obtaining firearms, especially in this case semi-automatic firearms. there is move to try to been a the semi-automatic firearms or certain firearms but they probably will not get very far with this proposal. because there simply is not public support for it. so the gun grabbers would rely on the boy in the white house to use executive order in this way to try to been a them. to keep law abiding citizens from being able to obtain the firearms for legitimate purposes. >> shannon: the white house each time that the gun rights issue has come up said the president and the white house have no intention at all of depriving
our elected representative wouldn't involved. you mentioned that possibly through the bureau of alcohol, firearm and explosives what would happen is this would be a move by the administration that would go in to effect. without the legislature getting involved. >> that is the problem. shannon, you see the gun-grabbers in ice for years wanted to de -- in the united states for years want to deprive law-abiding citizens obtaining firearms, especially in this case semi-automatic firearms....
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and i think that they're certainly trying to leverage off of that since the election. >> well, they-- that was one of many, many, many factors. >> absolutely. >> and after the election and the fact is, as we all agree, the private sector union is a dying animal and that they only can survive if they can thoroughly control the public sector and this is just another example of their slow, painful death. >> on that upbeat note. i want you to look at this. the parent company of red lobster, filing a fight for the president's health care law, not because of the actual law, because it criticized the law. the gang from forbes is going to explain the top of the hour, up next, did any of you see this? >> oh! oh! >> apparently these guys just found out that they could get fined for eating while driving. is nothing sacred? having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. > >> coming down and p
and i think that they're certainly trying to leverage off of that since the election. >> well, they-- that was one of many, many, many factors. >> absolutely. >> and after the election and the fact is, as we all agree, the private sector union is a dying animal and that they only can survive if they can thoroughly control the public sector and this is just another example of their slow, painful death. >> on that upbeat note. i want you to look at this. the parent company...
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the president won this election fair and square. american voters are clear on the mandate and support an increase in tax rates to balance this budget. >> that is not true. for the bush tax cuts to expire and top 2 percent even most generous estimate that is $90 billion more in revenue. not $1.6 trillion more in revenue even over ten years. even if you accept that larger number, the deficit is $1.5 trillion so, even if the republicans raise the you are giving $90 billion. where are you going to get the rest of it? it will have to come from entitlement reform and meaning spending cuts. >> it's coming from loopholes. i think we can. >> he criticized governor romney's plan based on the premise there is not enough revenue in the loop homes. he has agreed to the flame work, revenues or the table. we will give you $800 billion. that is great starting point. president has insulted republicans who are going out on the limb by wanting to be more pragmatic about this by coming to the congress which even among the most liberal writers in it is
the president won this election fair and square. american voters are clear on the mandate and support an increase in tax rates to balance this budget. >> that is not true. for the bush tax cuts to expire and top 2 percent even most generous estimate that is $90 billion more in revenue. not $1.6 trillion more in revenue even over ten years. even if you accept that larger number, the deficit is $1.5 trillion so, even if the republicans raise the you are giving $90 billion. where are you...
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starting to realize just how important the hispanic vote is in the wake of this last general election because according to the pew hispanic center a whopping 67% of latino voters are democrat. >> so when it comes to issues like the economy or immigration, we see hispanics seeing the democratic party as the party that is more in line with their views. >> and that is the main reason, that is the main reason why g.o.p. leaders are saying something has got to change. they have got to change their strategy, shep. >> shepard: casey stegall in dallas tonight. the first president bush is doing better but is he still in the hospital tonight. that's a word from doctors in houston. they say george h.w. bush, bush 41 has been fighting a cough caused by bronchitis and they don't want to send him home too soon. the former president is 88 years old. he has been in the hospital since the day after thanksgiving. former senator bob dole made a rare visit to capitol hill today. appearing frail to observers after recent hospital stay. he is 89 now. he was in d.c. to rally treaty for disability rights. hi
starting to realize just how important the hispanic vote is in the wake of this last general election because according to the pew hispanic center a whopping 67% of latino voters are democrat. >> so when it comes to issues like the economy or immigration, we see hispanics seeing the democratic party as the party that is more in line with their views. >> and that is the main reason, that is the main reason why g.o.p. leaders are saying something has got to change. they have got to...
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last year's election in just this november, governor romney pulled in 27%. it was a group that they knew they were having issues with really all along and the numbers were not good as you can see on election night. let's bring in our great panel today to talk about this. brad blakeman served as deputy assistant to president george w. bush and gem my green, president of women woman's center and fox news contributor. good to have you both. >> good morning. martha: brad, president bush has been very much under the radar. he always said that is the way he wanted to be as the former president but are we seeing perhaps emergence of a new bush legacy in this? talk to me what he said yesterday and what you see as the potential role in all of this? >> what he did yesterday he raised an issue front and center in a problem not only in our economy but in our social fabric as a society. we have an immigration problem. we have 12 million illegal immigrants in america that must be dealt with. we secure our borders. we have e-verify to verify the employment. we have to deal
last year's election in just this november, governor romney pulled in 27%. it was a group that they knew they were having issues with really all along and the numbers were not good as you can see on election night. let's bring in our great panel today to talk about this. brad blakeman served as deputy assistant to president george w. bush and gem my green, president of women woman's center and fox news contributor. good to have you both. >> good morning. martha: brad, president bush has...
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there is no question about the legitimacy of his election. but he definitely does not have half of the population behind him. >> he certainly doesn't have a mandate is what you are saying. lauren thank you for reporting for fox news latino . thank you, we appreciate it. for much more on mexico's new president and issues south of the border that affect our nation go to fox latino.com. parts of the west coast are bracing in the middle of a multiday soaking courtesy of a strange weather patsern. the radar shows it here and it is it a long system. rain falling over northern california for the most part, forecasters say some areas could get soaked for day to come and dozens of inches falling. wow . it is it because of what they call an atmospheric river of jet stream ofure in the pacific office carrying wave after wave of storms on the west coast. donna is live in cloudy california. dominic? >> the latest in the freaky stream of rains should dump twice as much as the last storm that came through here if not the two combined. it will start in the e
there is no question about the legitimacy of his election. but he definitely does not have half of the population behind him. >> he certainly doesn't have a mandate is what you are saying. lauren thank you for reporting for fox news latino . thank you, we appreciate it. for much more on mexico's new president and issues south of the border that affect our nation go to fox latino.com. parts of the west coast are bracing in the middle of a multiday soaking courtesy of a strange weather...
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he came in, initially, as the man of the people, as the first popularly elected chief executive of egypt in its 3,000 year history. in a year of being in office, he said, the courts can not everrule me and no one can sue me and no one can second-guess me and what i say is the law. while he did that, he got the legislature, which was elected with him to write a new constitution without debate or input and against the rules of the present constitution and he is just putting it out there for the public to vote on. why are the judges so upset? the egyptian system of judges is similar to ours and to the british system, and judges can say to the government, that is unconstitutional. can you not do it. not in the islamic world which is what the constitution will have. their goal is an oath that is any dealt to shiria law, not rights of divided powers. >>shepard: egypt is the most powerful because of the numbers, 80 million people in egypt, they are overseeing so much of what is happening including the peace treaty of sorts between hamas and the palestinians and the israeli government and if egy
he came in, initially, as the man of the people, as the first popularly elected chief executive of egypt in its 3,000 year history. in a year of being in office, he said, the courts can not everrule me and no one can sue me and no one can second-guess me and what i say is the law. while he did that, he got the legislature, which was elected with him to write a new constitution without debate or input and against the rules of the present constitution and he is just putting it out there for the...
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there are elections in japan. the start of the second term for president obama, all this could ithis. what is being planned as early as this weekend live fire exercises by the north koreans right up against the south korean shores. two years ago they did that and hit an is land and that caused all kinds of problems. jon: all kinds of possibilities. doesn't seem many of them are good. thanks. jenna: let's talk about the economy now. the "wall street journal" reporting today that the jobs market could be in line for some significant improvement in the coming year if we can get a deal on the fiscal cliff, that is the big question. businesses which have held off investing and hiring because of uncertainty over the fiscal outlook might finally open their wallets, that means more jobs too. a little bit more optimism potentially on the horizon. even if a tough jobs market and maybe an unpredictable economy there are some ways to get ahead. these why we what wanted to talk to our next guest who knows thing or two about th
there are elections in japan. the start of the second term for president obama, all this could ithis. what is being planned as early as this weekend live fire exercises by the north koreans right up against the south korean shores. two years ago they did that and hit an is land and that caused all kinds of problems. jon: all kinds of possibilities. doesn't seem many of them are good. thanks. jenna: let's talk about the economy now. the "wall street journal" reporting today that the...
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the opposition is concerned that they had their first election and their last election and there will be a consolidation by the muslim brotherhood it will impede liberty. >>shepard: the reading of the constitution suggests that they are -- their democracy will only last a few days but this is a new dictatorship from the constitution. >>guest: there are limitations on free speech and other aspects of life in egypt. liberals, and christians, and non-muslim brotherhood members, they are quite concerned. that is what we are seeing in the streets, an expression of that concern, that the liberties will be constrained. >>shepard: egypt is an enormous power player, brokering the peace between israelis and hamas in the palestinian territories, is it your sense from the reporting this others in the world will intervene? >>guest: i don't think so. the rest of the world particularly the obama administration, is happy to let a version of democracy play out. we will see how democratic this process is. the rest of the world will shift attention to syria. there is concern whether or not they are actu
the opposition is concerned that they had their first election and their last election and there will be a consolidation by the muslim brotherhood it will impede liberty. >>shepard: the reading of the constitution suggests that they are -- their democracy will only last a few days but this is a new dictatorship from the constitution. >>guest: there are limitations on free speech and other aspects of life in egypt. liberals, and christians, and non-muslim brotherhood members, they...
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obama won the election because obama promised american voters gifts and free things. he got a lost flak from democrats and republicans. look, this is exactly what mitt romney was talking about. here is someone saying, wait, i voted for you, obama, now give me the free stuff. this is exactly what mitt romney was talking about. >>eric: president obama ran the last campaign on things are getting better. give me for more years we are almost there. a very good indication of things are really getting better in the economy is food stamp use. food stamps are up to a record level. november showed 46 million people on food stamps. if things are getting better, how does that keep going up? >>guest: exactly. if you remember back during the campaign, obama was going around bragging saying, i saved detroit with the bailout. really? you saved detroit? is that why detroit is coming begging right now for money? it is insane. he is completely out of touch and he doesn't realize what this economy is like right now for every day folks. >>eric: thank you, michelle. >> there is supposed to
obama won the election because obama promised american voters gifts and free things. he got a lost flak from democrats and republicans. look, this is exactly what mitt romney was talking about. here is someone saying, wait, i voted for you, obama, now give me the free stuff. this is exactly what mitt romney was talking about. >>eric: president obama ran the last campaign on things are getting better. give me for more years we are almost there. a very good indication of things are really...
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republican party and offers some protection for democrats for raising taxes in the next congressional election. >> absolutely. breaking the republican party would be a benefit to this plan, also, i don't think barack obama minds in the tax rates go up on the middle income people as well. >> paul: he's promised-- you're saying-- >> the ultimate win is to have all of that new revenue for the government and being able to blame it on the republicans. >> paul: wait a minute, if you're saying we go over the cliff, nothing happens in december, come january the president will not turn around and insist on andis ... >> well, things in the middle east went from bad to worse this week with reports to the syrian military is preparing temp cal weapons that could be used against its own people, it's awaiting final orders from president assad. this as protesters clash with supporters of mohammed morsi outside the presidential palace in cairo egypt. in that country's largest confrontation since the uprising of hosni mubarak. we're back with daniel henninger and editorial board member matt comiskey. so, bret.
republican party and offers some protection for democrats for raising taxes in the next congressional election. >> absolutely. breaking the republican party would be a benefit to this plan, also, i don't think barack obama minds in the tax rates go up on the middle income people as well. >> paul: he's promised-- you're saying-- >> the ultimate win is to have all of that new revenue for the government and being able to blame it on the republicans. >> paul: wait a minute,...
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after the election the changes. only due in 1937 all of a sudden that money was gone from the economy that was one of the reasons why we are talking now. they had a depression within the depression. stock market went down. >> let's be specific here. before the break we said we could see another bubble. before we saw the housing bubble a few years ago. we know what that is. is the bubble the amount of money that will be taken out of the economy because of obama care? >> in 37 actions 38 thu had-- 3 37 they had a bubble. the year after the election it popped. we are doing our bubble right now. coming up a pop that would mean further unemployment. they had a downturn, this is the bubbly period. that's what the fed was doing when it put money into the economy prior to the election. they had a benefit for the election. interest rates are so low many people would say we are in a bubble. sounds strange because we don't feel so bubbly. outside of the u.s. they would say we are too easy sloshing with money or the bubble is i
after the election the changes. only due in 1937 all of a sudden that money was gone from the economy that was one of the reasons why we are talking now. they had a depression within the depression. stock market went down. >> let's be specific here. before the break we said we could see another bubble. before we saw the housing bubble a few years ago. we know what that is. is the bubble the amount of money that will be taken out of the economy because of obama care? >> in 37 actions...
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. >> we've the got seven weeks between election day and the end of the year, and three of those weeks have been wasted. >> steve centanni kicks off our college tonight from washington d.c. steve, where exactly do we stand tonight? >> well, harris, democrats are hoping republicans to raise taxes on the wealthy and the republicans are accusing the white house of wasting time. and saying that he didn't have a serious proposal when he reintroduced a plan to reduce 4 trillion dollars. >> the president asking for 1.6 trillion dollars worth of new revenue over ten years, twice as much as he's been asking for in public. his system spending in here that exceeded the amount of new cuts that he was willing to consider. it was not a serious offer. >> but so far it's the only white house offer on the table, a starting point for further negotiations, one would assume, harris? >> not to sound pessimistic, but it's a fact, even if he reached a deal tonight, it would tough to meet that deadline by the end of the year, because there's red tape profit to deal with. >> that's right, it takes time and tim
. >> we've the got seven weeks between election day and the end of the year, and three of those weeks have been wasted. >> steve centanni kicks off our college tonight from washington d.c. steve, where exactly do we stand tonight? >> well, harris, democrats are hoping republicans to raise taxes on the wealthy and the republicans are accusing the white house of wasting time. and saying that he didn't have a serious proposal when he reintroduced a plan to reduce 4 trillion...
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the election is over and what is next on the president's plate? possibly a new tax to carbon emission. michigan congressman and chairman . house and congress committee fred upton. >> good to be here. >> steve: i thought we tried to pass it and it didn't work out. the house under speaker pelosi passed it five and the senate couldn't get it done and it died. >> steve: how could this possibly come to pass? >> it seems as those who think maybe if a republican and we'll go along with it if it come the republicans. it is not coming from the republicans. we'll do our best to make sure it is not a mole to pop up again. >> steve: for people who don't understand the carbon tax. producers of things that go up in the sky have to pay extra. >> that's right. every consume yer businesses pay more . so as we are just beginning to come out of the recession. my state michigan 38 consectative monthses of unemployment it is another incentive to move those jobs somewhere else and we would pay a higher costs and none of the rest of the world would. talk about a bad ide
the election is over and what is next on the president's plate? possibly a new tax to carbon emission. michigan congressman and chairman . house and congress committee fred upton. >> good to be here. >> steve: i thought we tried to pass it and it didn't work out. the house under speaker pelosi passed it five and the senate couldn't get it done and it died. >> steve: how could this possibly come to pass? >> it seems as those who think maybe if a republican and we'll go...
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thought would have seen them during election cycle. he thinks this will wake them from their slumber. >> i think it will be way bigger and i won't be just the tea party, it will be everybody in the country. if we go off the fiscal cliff, guess who is disproportionately affected. the low-income people. the low-income couples, their tax will go up 9,000%. these are people who voted for obama who will get whacked. martha: who will they blame? i want to show you a poll that was on "hot air" this morning, then we'll get to bob. it says which approach do you prefer. to reduce the deficit. this poll is 800 people who voted for president obama. they are split in the middle. 41% say mostly tax increases with some spending cuts. but the same number want mostly spending cuts with some tax increases. 5% of these obama voter say they want tax increases only. but 10% of the people who voted for obama in this policy they want spending cuts only. bob, where are we here? >> it looks a little confusing except when you look at history of polling. norquis
thought would have seen them during election cycle. he thinks this will wake them from their slumber. >> i think it will be way bigger and i won't be just the tea party, it will be everybody in the country. if we go off the fiscal cliff, guess who is disproportionately affected. the low-income people. the low-income couples, their tax will go up 9,000%. these are people who voted for obama who will get whacked. martha: who will they blame? i want to show you a poll that was on "hot...
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george brockler is the newly elected district attorney. he'll be sworn in january 8th. he says he won't decide on pursuing capital punishment until he talks to the victims and their families, but he did say this. >> in terms of the death penalty itself, throughout the campaign and my entire professional career i have been in favor as the death penalty as a discretionary tool for an elected district attorney. as a military prosecutor i worked on a case in hawaii where we attempted to get capital charges on a specific murder case. >> reporter: the preliminary hearing in this case is scheduled right now for january 7th. mart in a. martha: thank you vermart in a. martha: thank you very much. bill: jim demint the pep tea party senator from south carolina will leave his position in the senate and take a job at the heritage foundation. it's news crossing right now. bret baier's timing is perfect. he's live in d.c. right now. good morning to you. >> reporter: good morning. bill: demint is the guy who came out of the pau palmetto state. it was cut spending, make government small
george brockler is the newly elected district attorney. he'll be sworn in january 8th. he says he won't decide on pursuing capital punishment until he talks to the victims and their families, but he did say this. >> in terms of the death penalty itself, throughout the campaign and my entire professional career i have been in favor as the death penalty as a discretionary tool for an elected district attorney. as a military prosecutor i worked on a case in hawaii where we attempted to get...